ATM (Automatic Teller Machine)

Automated Teller Machine, usually the abbreviation ATM is used. It is an American term for cash machine or cash dispenser. In some countries, the concepts of ABM (Automated Banking Machine) or Cashpoint are used.

ATM in practice: ATM is an automated self-service device with a computer inside that allows a number of operations with payment cards. Most often cash withdrawal, check account status but it can also be used to recharge prepaid cards. To the withdrawal, the card holder needs to know the PIN of the card. When withdrawing, everyone should pay attention. In practice, there may be a so-called skimming.